Do you need a board resolution before opening a UAE company bank account? A board resolution authorizes named individuals to open and operate a corporate bank account, defines their signing powers, and records the company’s approval. It may be required…

Can you start a Dubai business without travelling to the UAE? Yes. Remote free zone company setup in Dubai allows eligible foreign investors to register a business, submit documents, sign electronically and receive a trade licence online. However, residence visas,…

Planning to close your UAE company but unsure how to cancel its trade licence and complete tax deregistration? To close a UAE company, owners must approve liquidation, settle liabilities, cancel visas and trade licences, and complete any required VAT and…

Does your UAE business need to receive payments from overseas customers or transfer money to international suppliers? A business bank account for international payments in UAE allows eligible companies to send and receive cross-border payments, often using SWIFT. Some accounts…

Planning to establish a UAE free zone company or renew your existing trade licence? Free zone business setup and renewal in UAE involve selecting suitable activities, obtaining a licence, meeting workspace requirements and maintaining regulatory compliance. Setup creates your company,…

How much does your UAE business really pay when transferring money to suppliers, employees or international customers? UAE business bank account transfer fees depend on the bank, account package, payment currency and destination. Local AED transfers may be free or…